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Katanox, the travel accommodation distribution and fintech platform, has raised $ 5.7 million from a group of financial, hospitality, and tech entrepreneur family offices to overhaul and reconfigure B2B distribution in hospitality. The group of investors includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder of fintech Dimebox and current co-founder and CEO of Founda Jan Joost Kalff, and founder of hospitality tech iTesso Bas Blommaart. ....
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency. ....
Making waves – Fed spillovers are stronger and more encompassing than the ECB’s This article argues that European Central Bank (ECB) and Federal Reserve System (Fed) monetary policy spill over to other countries asymmetrically. At the bilateral level, the Fed’s impact on the euro area is material to firms’ financial conditions and economic activity. Conversely, the impact of the ECB’s actions on the US economy is minimal. On a global scale, both central banks’ monetary policies matter for other countries, but the Fed’s monetary policy has a more sizeable impact, particularly on foreign financial variables, such as corporate bond spreads. ....
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